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NEW YORK, NY / ACCESSWIRE / September 2, 2020 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.
KODK Shareholders Click Here: https://www.zlk.com/pslra-1/eastman-kodak-company-information-request-form-2?prid=9031&wire=1
PLAN Shareholders Click Here: https://www.zlk.com/pslra-1/anaplan-inc-information-request-form?prid=9031&wire=1
FSLY Shareholders Click Here: https://www.zlk.com/pslra-1/fastly-inc-information-request-form?prid=9031&wire=1
* ADDITIONAL INFORMATION BELOW *
Eastman Kodak Company (NYSE:KODK)
KODK Lawsuit on behalf of: investors who purchased July 27, 2020 - August 11, 2020
Lead Plaintiff Deadline: October 13, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/eastman-kodak-company-information-request-form-2?prid=9031&wire=1
According to a filed complaint, defendants failed to disclose that the Company had granted its Executive Chairman, James Continenza, and several other Company insiders millions of dollars' worth of stock options immediately prior to the Company publicly disclosing that it had received the $765 million loan, which Defendants knew would cause Kodak's stock to immediately increase in value once the deal was announced. In addition, while in possession of this material non-public information, Continenza and other Company insiders purchased tens of thousands of the Company's shares immediately prior to the announcement, again at prices that they knew would increase exponentially once news of the loan became public.
Anaplan Inc. (NYSE:PLAN)
PLAN Lawsuit on behalf of: investors who purchased November 21, 2019 - February 26, 2020
Lead Plaintiff Deadline: October 23, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/anaplan-inc-information-request-form?prid=9031&wire=1
According to the filed complaint, during the class period, Anaplan Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) the Company was undergoing sales organization and execution challenges; (2) these organizational challenges were causing the Company to miss on closing very important large deals; and (3) as a result, Anaplan's financial guidance for "calculated billings growth" was baseless and unattainable. Further, while in possession of this material non-public information, Anaplan insiders dumped approximately $30 million worth of Anaplan stock at artificially inflated prices.